PJFV vs. PJFG

Last updated Jun 4, 2026

PJFV (PGIM Jennison Focused Value ETF) and PJFG (PGIM Jennison Focused Growth ETF) are both exchange-traded funds - PJFV is a Large Cap Value Equities fund actively managed by PGIM, while PJFG is a Large Cap Growth Equities fund actively managed by PGIM. Both are actively managed. Over the past 3 years, PJFV returned 24.56%/yr vs 24.04%/yr for PJFG. A 0.65 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

PJFV vs. PJFG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Focused Value ETF (PJFV) and PGIM Jennison Focused Growth ETF (PJFG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PJFV achieves a 15.15% return, which is significantly higher than PJFG's 6.64% return.

PJFV

• 1D: 0.17%
• 1M: 4.27%
• YTD: 15.15%
• 6M: 15.46%
• 1Y: 35.20%
• 3Y*: 24.56%
• 5Y*: —
• 10Y*: —

PJFG

• 1D: -1.40%
• 1M: 6.58%
• YTD: 6.64%
• 6M: 5.59%
• 1Y: 19.79%
• 3Y*: 24.04%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PJFV vs. PJFG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
PJFV PGIM Jennison Focused Value ETF	15.15%	18.65%	24.13%	18.52%	-2.19%
PJFG PGIM Jennison Focused Growth ETF	6.64%	16.94%	31.59%	54.23%	-6.69%

Correlation

The correlation between PJFV and PJFG is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (All Time) Calculated using the full available price history since Dec 15, 2022	0.65

The correlation between PJFV and PJFG has been stable across timeframes, ranging from 0.61 to 0.65 - a consistent structural relationship.

PJFV vs. PJFG - Sectors Allocation Comparison

Sectors	PJFV	PJFG
Industrials	20.6%	4.9%
Financial Services	16.9%	3.4%
Technology	15.7%	48.4%
Consumer Cyclical	9.8%	12.6%
Energy	9.1%	-
Healthcare	7.7%	6.0%
Utilities	7.6%	1.6%
Communication Services	7.1%	20.2%
Consumer Defensive	4.5%	3.0%
Basic Materials	1.0%	-
Real Estate	-	-

Return for Risk

PJFV vs. PJFG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PJFV

PJFV Risk / Return Rank: 87
PJFV Sharpe Ratio Rank: 87
PJFV Sortino Ratio Rank: 87
PJFV Omega Ratio Rank: 85
PJFV Calmar Ratio Rank: 86
PJFV Martin Ratio Rank: 90

PJFG

PJFG Risk / Return Rank: 28
PJFG Sharpe Ratio Rank: 32
PJFG Sortino Ratio Rank: 31
PJFG Omega Ratio Rank: 31
PJFG Calmar Ratio Rank: 23
PJFG Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PJFV vs. PJFG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Focused Value ETF (PJFV) and PGIM Jennison Focused Growth ETF (PJFG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PJFV	PJFG	Difference
Sharpe ratio: Return per unit of total volatility	2.88	1.18	+1.70
Sortino ratio: Return per unit of downside risk	3.96	1.68	+2.29
Omega ratio: Gain probability vs. loss probability	1.52	1.21	+0.31
Calmar ratio: Return relative to maximum drawdown	4.83	1.05	+3.79
Martin ratio: Return relative to average drawdown	20.72	3.28	+17.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PJFV vs. PJFG - Sharpe Ratio Comparison

The current PJFV Sharpe Ratio is 2.88, which is higher than the PJFG Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of PJFV and PJFG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PJFV	PJFG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.88	1.18	+1.70
Sharpe Ratio (All Time) Calculated using the full available price history	1.54	1.36	+0.18

Drawdowns

PJFV vs. PJFG - Drawdown Comparison

The maximum PJFV drawdown since its inception was -18.15%, smaller than the maximum PJFG drawdown of -24.24%. Use the drawdown chart below to compare losses from any high point for PJFV and PJFG.

Drawdown Indicators

	PJFV	PJFG	Difference
Max Drawdown Largest peak-to-trough decline	-18.15%	-24.24%	+6.09%
Max Drawdown (1Y) Largest decline over 1 year	-7.31%	-19.00%	+11.69%
Max Drawdown (3Y) Largest decline over 3 years	-18.15%	-24.24%	+6.09%
Current Drawdown Current decline from peak	0.00%	-2.16%	+2.16%
Average Drawdown Average peak-to-trough decline	-2.11%	-3.75%	+1.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.70%	6.04%	-4.34%

Volatility

PJFV vs. PJFG - Volatility Comparison

PGIM Jennison Focused Value ETF (PJFV) and PGIM Jennison Focused Growth ETF (PJFG) have volatilities of 4.21% and 4.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PJFV	PJFG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	4.37%	-0.16%
Volatility (6M) Calculated over the trailing 6-month period	10.01%	12.90%	-2.89%
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	16.83%	-4.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.12%	20.88%	-6.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.12%	20.88%	-6.76%

PJFV vs. PJFG - Expense Ratio Comparison

Both PJFV and PJFG have an expense ratio of 0.75%.

Dividends

PJFV vs. PJFG - Dividend Comparison

PJFV's dividend yield for the trailing twelve months is around 0.59%, while PJFG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
PJFG PGIM Jennison Focused Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%
PJFV PGIM Jennison Focused Value ETF	0.59%	0.68%	1.31%	1.20%	0.12%

Frequently Asked Questions

Can I hold both PJFV and PJFG in my portfolio?

PJFV and PJFG have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PJFV or PJFG?

PJFG has higher volatility (4.37%) compared to PJFV (4.21%). In terms of maximum drawdown, PJFV dropped -18.15% vs PJFG's -24.24%.

Which ETF is better, PJFV or PJFG?

On 3-year performance, PJFV leads with 24.56% vs 24.04% for PJFG. Both ETFs have the same 0.75% expense ratio. On volatility, PJFV has been the lower-risk option at 4.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PJFV or PJFG?

Over the 3-year period, PJFV has performed better with a 24.56% return vs 24.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PJFV or PJFG?

PJFV and PJFG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, PJFV or PJFG?

PJFV has the higher dividend yield at 0.59%, compared with 0.00% for PJFG.

What is the main difference between PJFV and PJFG?

PJFV is categorized as Large Cap Value Equities, while PJFG is Large Cap Growth Equities.

Which has better risk-adjusted returns?

PJFV currently has the higher Sharpe Ratio (2.88 vs 1.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.